Turkey’s new debt problem

by
Aug 13, 2018
Because of the country’s falling currency, its foreign debt just got a lot more expensive.
A teller holds Turkish lira banknotes at a currency exchange office in Istanbul on August 13, 2018.
YASIN AKGUL/AFP/Getty Images

Investing in the weed stock market

Jul 23, 2018
We look at how things are currently looking for cannabis companies.
A vendor of hydroponic growing equipment carries a marijuana plant to his vending stall during the first annual National Cannabis Festival on April 23, 2016 in Washington, D.C.
Win McNamee/Getty Images

Economists expect to see strong economic growth in the second quarter of the year

Jun 26, 2018
We’re in the last week of June, which is also the last week of the second quarter. Government economists will be crunching the numbers on Gross Domestic Product: the sum of all goods and services produced in the economy. Annualized GDP growth was 2.2 percent in the first quarter of 2018. So what’s in store […]

Two years after the Brexit vote, many businesses remain anxious

Jun 22, 2018
This weekend marks two years since Britain held its referendum on exiting the European Union and voters told their leaders they want to leave the bloc. Since then, the British government has been negotiating the conditions of Brexit on issues such as the single market, customs union and movement of labor. The scheduled exit date, […]

Why the futures market is a way to gauge the economic effects of tariffs

by
Jun 18, 2018
The United States has imposed tariffs on products from China, Mexico, Canada and the European Union, and retaliatory duties are on the way. What will be the overall economic effect of these trade disputes? One way to gauge that is by looking to the futures market. Click the audio player above to hear the full […]
A trader works on the floor of the New York Stock Exchange.
Andrew Burton/Getty Images

European politics are causing tremors in financial markets

May 29, 2018
But, "it's also important to remember that the markets are not in anything like the kind of conditions they were when the eurozone crisis was at its most intense back in 2011 and 2012," Andrew Walker, an economics correspondent for the BBC told us.
Italian President Sergio Mattarella addresses journalists after a meeting with Italy's prime ministerial candidate Giuseppe Conte on Sunday at the Quirinale presidential palace in Rome. Italy's prime ministerial candidate Giuseppe Conte gave up his mandate to form a government after talks with the president over his cabinet collapsed. 
VINCENZO PINTO/AFP/Getty Images

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FDA website to post names of drug makers blocking development of cheaper generics

May 17, 2018
The FDA plans to unveil a website today naming pharmaceutical companies that have blocked the development of generic drugs by failing to provide samples to competitors. This public posting is part of FDA Commissioner Scott Gottlieb’s larger crackdown to, as he says, “end the shenanigans” by brand name drug companies. Click the audio player above […]

Is globalism a failed policy?

Apr 24, 2018
The economy is doing well, but the average person is angry. "The alternative is that you change the social contract," one expert says.
“You can get rid of Trump, but, I mean, all of the Trumpism in the United States is real and is coming for us,” says Ian Bremmer, president of the political risk consultancy Eurasia Group.
Ralph Freso/Getty Images

Here’s what bank earnings tell us about the economy

Apr 12, 2018
The fundamentals of this economy are strong right now but you wouldn’t always know it from the stock markets lately. Volatility has been the word of recent weeks. But on Friday big banks including JPMorgan Chase and Citigroup are expected to show strong profits. Click the audio player above to hear the full story.